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A Gold Mine Financed in Gold: Lake Victoria Advances One of Tanzania's First Gold-Denominated Project Loans

Newswire.ca - Thu Jun 25, 7:50AM CDT

Issued on behalf of Lake Victoria Gold Ltd.

Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) is advancing the Tanzanian regulatory process -- including Bank of Tanzania registration -- for its previously announced gold loan facility of up to 6,000 ounces (~US$25 million) with Monetary Metals, a non-dilutive financing for its fully permitted Imwelo Gold Project.

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